Finished steel import permits up 15% in June

Based on the Commerce Department’s most recent Steel Import Monitoring and Analysis (SIMA) data, the American Iron and Steel Institute (AISI) reported on July 6 that steel import permit applications Steel Import Monitoring and Analysis (SIMA) data for the month of June totaled 2,734,000 net tons (NT).

This was a 3% decrease from the 2,807,000 permit tons recorded in May and a 2% increase from the May preliminary imports total of 2,692,000 NT.

Import permit tonnage for finished steel in June was 2,109,000 NT, up 15% from the preliminary imports total of 1,838,000 NT in May.